Bullish flow in GameStop (GME), with shares up 39c, or 1.73%, near $22.88. Options volume running well above average with 74k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.24. Implied volatility (IV30) is higher by 2.2 points near 49.54,in the bottom quartile of the past year, suggesting an expected daily move of $0.71. Put-call skew flattened, suggesting a modestly bullish tone.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GME:
- Mixed options sentiment in GameStop with shares down 1.82%
- Moderately bullish activity in GameStop with shares up 0.75%
- Roundhill Launches Meme Stock ETF as CEO Says ‘Retail Investors’ Are a ‘Permanent Force’
- GameStop Issues Warrants to Shareholders and Noteholders
- Notable open interest changes for October 6th